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mind, you don't have to go back to the clinton era tax rates for this to be a workable deal. >> well, i think you do. >> all the way up? >> again, our proposal is to let those rates go back to clinton levels for 2% of the wealthiest americans. and combine that with tax reforms that limit deductions for the wealthiest americans. we think if you do that, alongside the spending savings, then you can put the country back on a much more responsible fiscal path. >> including getting rid of the mortgage interest deduction or the charitable giving deduction? do you think those have to be on the table and looked at? >> we have proposed -- and we did this four years ago -- a carefully designed way to limit modestly the value of all of those deductions for the wealthiest 2% of americans. there are other ways to do it. we can take a look at those ways. but there's no way you can do this in a balanced way that restores fiscal responsibility without tax rates going up. >> one of the things i've heard talking to republicans today is this notion that you want to take away congress' ability to have the
but not clinton era more. 38%, that is potentially a significant development, it could be a deal maker, he is why, president says he -- republicans to give in on having rich pay more taxes, republicans could say as least as not as much more. in a sense, it splits the tax revenue difference. there is still a long way from the deal. but clearly sign yet that this president, who has been attacked for not being flexible on spending cuts, by not cutting anybody. what to make of it? tom fanning. and former bush front economic director todd. erin, what are we to make of this? do you get a sent from this, that this is the making of a middle ground deal? >> i think it is. i was up on capitol hill today. john boehner had a press conference followed one by senate democratic leaders, they were both chest thumping saying neither side of getting closer, but privately they are, republicans know that at some point they are going to have to give in and rates will increase because. democrats are saying they will not concede on raising rates. it is just been announced went last couple minutes that white house put a
bowles idea. they summarized the testimony that the bill clinton chief of staff last year gave about what he thought might kind of be a workable budget deal way back then. because bowles is a democrat, the republicans thought they he could try to pretend that agreeing with a single democrat means that they are actually willing to compromise big time even though erskine bowles is a very easy democrat to negotiate with, unlike the actual elected democrats in washington. in other words, erskine bowles is willing to compromise on things or was willing to compromise on things that the democrats are not willing to co comp pro mice on. which means that it's utterly meaningless on your way to try to get a deal with the president of the united states. erskine bowles' proposal included a $600 billion cut in medicare spending which he achieved by raising the medicare eligibility age. so republicans just proposed raising the eligibility age for medicare, a proposal that polls show is supported by a full 30% of the american people and rejected by only 67% of them. white house communications director d
." >> not reaching out aggressively enough like bill clinton, lbj, ronald reagan did. and also it was critical the first four years about him not reaching out enough to the business community. he didn't understand the business community, according to ceos who supported him for four years. but steve rattner, he's made a pretty dramatic shift since the election, and certainly i salute him for doing this, he actually is very engaged with the business community. and i'm not hearing the sort of things from top ceos and business leaders today that i heard the first four years. maybe -- maybe he's leaning in here and trying to rebuild a relationship with some of these people who supported him in '08. >> and i think it goes both ways. i think the business community views this deficit thing as the biggest problem that we can solve that we need to solve. there's something called a campaign to fix the debt, which i'm on the steering committee, 120 leading ceos from everything from general electric to jpmorgan on down. really committed to doing something and accepting the idea that revenues have to go up,
, wherever the dust clears on this, if the republicans don't get a rethinking like clinton provided for the democrats between '88 and '92 to actually address the problems, to get rid of the v vulnerabilivu vulnerabilities they have, the older, rich image they have, they won't make the headway they want to. >> bob, on top of this trend of pop republicans saying bizarre things, congressman louis gohmert of texas gave a radio interview and he expounded on some interesting theories about the president's foreign policy. take a listen. >> the only way you can explain the horrendous decisions that were so completely wrong-headed would be if this administration had a bunch of muslim brotherhood members giving them advice. >> so, bob, it's pretty clear the president has lots of people in the muslim brotherhood working for him like all thots those guys that killed osama bin laden and what about those who command the drone strikes? >> that whack job with texas is the person who went after the woman who works for hillary clinton. this is the kind of conspiracy mongering you would hope was over
. susan rice has not been nominated. do we expect movement on that? we know hillary clinton has bun unequivocal she is leaving and there will be an opening. will this move between now and the end of the year whether susan rice or anyone else is nominated? >> reporter: there could be an announcement as early as next week, and i want to stress could be. talk to go senior administration officials and asking them if this resistance that they have gotten publicly to a rice nomination has in any way dissuaded the president from nominating rice. they tell me, no. they still believe that she would get the votes to be confirmed if she was, in fact, chosen. chris? >> from one end of pennsylvania avenue to the other, kelly o'donnell and kristen welker, thank you. >> thanks. good to see you, chris. >>> now from the third branch of government. we're covering the entire government today. we'll find out if the supreme court will weigh in on a pair of hi high-profile cases that would help define the rights and benefits of same-sex couples. pete williams is the justice correspondent. he joins me fro
the federal budget deficit. he knows something about something. he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy. more jobs and growth will help the deficit. recall the '90s when the clinton administration balanced the budget because of faster job growth than anybody expected bringing in more tax revenues than anyone had forecast. europe offers the same lesson in reverse. thank you. as jim says, every time we talk about this, they keep taking the wrong -- lindsey graham said we're going to be greece. yeah, if we do what you want! the best way to generate jobs and growth is
at president clinton bess towing the medal of freedom on world war ii veteran bob dole. that's just weeks after re-election back in 1996. why do i show you all of these? because it all brings me to a very special party of two having lunch next hour at the white house. president obama, as promised, in his victory speech 23 days ago, is hosting mitt romney, who has made no secret that he really thought that it would be the other way around. and our dan lothian is counting down the minutes, standing by at the white house, even though, dan, you are not invited to the luncheon, nor am i or anyone else at the camera, a mic or even a pen. why is it so private? >> reporter: that's right. oftentimes, the president will have meetings here at the white house, lunches or official meetings, where the president is not invited in. our cameras are not allowed in. sometimes our cameras are allowed in but no editorial presence. this one of those where no cameras allowed in, we're hopeful the white house will take a pick pur and release it to us, but at this point no plans for us to sort of get a peek inside that
from 35% all the way up to the clinton rate of 39.6%, or would he compromise on something lower, like 37%? is that negotiable. >> we will not extend an extension of the tax rates for the top 2%, we think they should go back and need to go back to clinton levels and let me explain why. >> chris: i just -- to answer my question, specifically, you are saying nonnegotiable, 39.6%. >> we think that is the way to do it. if you don't do that, it costs a trillion dollars, roughly a trillion dollars over ten years. >> chris: not if you went to 37%. >> again, but you are -- >> that is one of the ideas, out there, sir, i'm not making it up. >> that is out there, and again we are proposing to let the rates go back to clinton levels and that was a time of remarkably good economic growth, in the country. strong private investment, and strong job growth, strong broad-based growth in incomes, and, it was a good time for the american economy and in addition we propose to limit deductions for the top 2% of americans as well and are willing to work with republicans on tax reform to create simple and a m
clinton and defense secretary leon panetta issued more stern warnings to syria today after nbc confirmed syria has loaded chemicals for deadly gas into bombs. >> the whole world is watching. the whole world is watching very closely. >> secretary clinton, in fact, just wrapped up an important meeting in russia, syria's strongest ally. "time" magazine's jim frederick will join us live about the latest developments. we know president obama and speaker boehner spoke on the phone last night, talked a lot about that even though we don't know what they discussed. the first read team says a fiscal cliff deal is in sight. what do they think the big deal will be? join our conversation on twitter. find us at @tamronhall a and @newsnation. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, re
. this is largely symbolic. will have no effect on sovereignty or borders. hillary clinton met with president abbas and tried to assure him not to go ahead with the move. let's listen to what she told reporters yesterday. sfm know matter what happens it will not change what i support. the only way to get a lasting solution is to commence direct negotiations and we need an environment conducive to that. we have urged both parties to refrain from actions that might in any way make a return to meaningful negotiations -- >> now, brooke, president abbas promised to return to negotiations after the vote. but with israel so opposed to the move it doesn't seem likely. prime minister benjamin netanyahu slammed the resolution calling it one-sided saying it doesn't take into account israel's security interests and it pushes the peace process back. israel is threatening to withhold a hundred million dollars a month in tax revenues from the palestinians, further restrict movement of plib officials and there is about 500 million in u.s. economic and security aid at stake. congress withheld aid last year when the
with the clinton administration when he cut capital-gains taxs. >> he did. david: usually the more you tax something the less you get of it as a result. >> correct. david: don't we want more investment now? >> well, i think there is plenty of investment dollars out there. just they're not going into very productive investments. you know, look, the issue is not whether you want to penalize the investment income. the issue whether you want to penalize wages and we pay substantially higher rates on wage income which is where most americans get their money, than we do investment income. no economic research that shows that having a lower capital gains rates spurs investment that creates jobs and spurs economic growth. there is really no correlation. david: wait, let me stop you. a lot of people see a lot of correlation going back to the days when clinton lowersed the capital gains rate from 28% down to 20%. we saw doubling of revenues. you had that supply side-effect. i know that is dirty word in some quarters. when we lowered rates from 28 to 20% we doubled revenue. >> well there could have b
revert back to the same tax plan that we had when clinton was president. you can't get from here to there unless you raise the upper rates. and that's what the president suggested, it's up to them to come forward with something congressman from oklahoma said that the house should simply take up the bill that the democrats passed in the senate that would raise income taxes only on the top income tax brackets. another senior republican lawmaker who asked not to be identified this time told reuters that the democratic bill could pass in the house of representatives if john boehner would allow such a bill to be brought to the house floor for a vote. here is boehner speaking about the president earlier today. >> members of his own party seem quite comfortable with sending the economy over the fiscal cliff. no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> speaker boehner doesn't want to propose spending cuts, so now he's trying to pressure the white house to do it. >> there's been no serious discussion of spending cuts
that you had when bill clinton was president. and i would like to remind everybody, we had the greatest prosperity then when everyone paid their fair share. 23 million new jobs. and why is it? because the middle class had the money to spend out there, to stimulate this economy. it's a consumer-driven economy. about 70% of the economy is consumer driven. and the other thing the president put on the table, i understand, is refinancing proposal. >> right. >> where people trapped in 7%, 8% mortgages can go down to 4% and 5% mortgages have money in their pocket. these are responsible homeowners to spend out there. so the republicans, i think they're brooding. i think they're upset. i think they're in shock over this election. and they are behaving badly in this sense. we can join hands and take care of the tax cuts for 98% of the american people. can you imagine if i told you, we were in an argument and i gave you 98% of what you want, wouldn't you grab it? this doesn't make any sense to the folks out there. and that's why the courageous republicans like tom cole deserve a lot of credit. but
from 35% all the way up to the clinton rate of 39.6% or would he compromise on something lower like 37%? is that negotiable wench aren't going to ten the extension of the tax rates for the top two%. we think they should go back and need to go back to the clinton level and let me tell you why i believe that. >> specifically, you are saying nonneglectable, 39.6%. >> we think that's the way to do it and let me explain why. if you don't do that it costs roughly $1 trillion over ten years. >> not if you went to 37%. >> again, you are -- >> that's one of the ideas that's out there, sir. i'm not just making it up. >> eats true there are lots of ideas out there. we are proposing to let the rates go back to clinton levels. that was a time of remarkably good economic growth in the country. strong private investment, strong job growth and strong growth in next. it was a good time for the american economy. makes a lot of sense. but in addition to that we propose to limit deductions for the top two percent of americans as well. we are willing to work with republicans on tax reform to create a more
granting himself absolute power. hillary clinton hillary clinton is holding surprise talks from russia's prime minister, amid reports president bashar al assad is considering using chemical weapons against his own people. >> afghan president hamid karzai sharply criticizes the united states in an interview with nbc news. he partly blames the u.s. for the instability in his country. >> part of the insecurity comes from the structures that nato and america created in afghanistan. the private security firms, the contractors that they promoted at the cost of afghan people and the way they behaved with the afghan people and the anger that has caused in the afghan people and the resulting insecurity. >> so would you say you believe that some of these would be intentional insecurity brought by nato and the united states? >> it is a very strong perception that some of that insecurity is intentional, yes. >> president karzai also accuses the u.s. of history lating the strategic partnership agreement the country signed last spring and said afghanistan will not sign any new agreements until the u
partner at hamilton place strategies kiki mclean, senior adviser to the 2008 hillary clinton presidential campaign. good morning. >> good morning. >> tony, do republicans sit back and wish governor sununu would quit talking? >> not only is it offensive to a large part of the lack trat, it happens to be wrong. republicans did very well and in fact governor romney did very well among lower income voters. so it's wrong but we shouldn't be talking that way. we should be talking about all americans and economic opportunity for all americans and trying to achieve that. that's the important thing. >> governor sununu of course has made controversial comments before. let me play for you what he said about president obama after the first presidential debate back in october. >> what people saw last night i think was a president that revealed his incompetence, how lazy and detached he is and how he has absolutely no idea how serious the economic problems of the country are. >> john sununu also suggested race was a motivating factor for colin powell to support president obama for president. is there r
house would like to raise tax rates on top earners to where they were in the clinton administration, 39.6%. they would also like to raise $1.6 trillion with new taxes over the next decade, while cutting about $400 billion through entitlement reform. although, those cuts are not specific and not guaranteed. but the treasury secretary says the administration's plan is fiscally responsible and would prevent taxes from going up on 98% of americans. >> we think that is a very good set of proposals. we think it's good for the economy. if they have different suggestions they want to go further in some areas, then they should lay odds with us. >> reporter: secretary geithner said he cannot promise we will not go over the fiscal cliff and whether or not we go over it depends -- is a decision, rather, that lay in the hands of republicans that don't want to increase tax rates. speaker boehner said there is a chance we go over the cliff, but he doesn't want any part of that and he will do everything he can to avert that. eric, jamie? >> eric: peter, negotiations if and when they commence and contin
is on the move. secretary of state hillary clinton today issuing another stern warning against syria, using these weapons. the syrian foreign ministry quick to respond here saying it would not use chemical weapons against its people if it had any, but this announcement as turkey is sending warplanes to its border with syria after the syrian military bombed a nearby town of ras al-ain. you can hear that and see the smoke. this is the turkish side of the border. this is fueling more fears that more of syria's violence will spill into its neighbor to the north, being turkey. security concerns are prompting the u.n. to announce it is pulling nonessential personnel out of syria. want to bring in fran townsend, our cnn national security contributor and member of the cia external advisory committee. and, fran, good to see you. let's talk about these chemical weapons because we know that in the past, what, three, three have been, i guess, two, two different times the u.s. has seen syria move its chemical weapons around. but intelligence suggests this time the movement is different. how so? >> well,
sure get back to that clinton -- it's unbelievable. >> the fiscal cliff is the big topic today. next year we'll be talking about the entitlement cliff. that's the big problem. >> thanks for coming in. >> if you have any comments or questions about anything we've been talking about here this morning on squawk, e-mail us a at squawk at cnbc.com. when we come back, why net jets is ordering hundreds of new planes. [ male announcer ] introducing the new dell xps 12. part of a whole new line of tablets from dell. it's changing the conversation. ♪ inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans history! [ male announcer ] and once in a great while... all of the above. take your seat in the incomparable audi a8. take advantage of exceptional values on the audi a8 during the season of audi event. ♪ >>> coming up, the booming business of private planes to the tune of $17 million. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from natio
. right now the top rate as you know is 35%. it was 39.6%, jessica, during the clinton administration. now there's some suggestion what if they compromise, have it go up to 36% or 37%, is that something you're hearing the white house would potentially be open to? not 39.6% but maybe 37%? >> reporter: this seems like an area, yes, for wiggle room, wolf. not because they say so, but because of what they won't say. when we asked that question, the white house does not say that it must only go back up to that high clinton rate. and so it seems that there could be some flexibility in how high -- what level it has to go back to. >> yeah. and that would be for those earning more than $250,000 a year. jessica, thanks very much. we're also learning more about what president obama and mitt romney talks about over lunch at the white house this afternoon. our national political correspondent jim acosta's getting some details. they also released the menu of what they were eating. but give us the substance. >> that's right. turkey chili was on the menu. perhaps thanksgiving leftovers. i talked to a repu
. it is disappointing in the sense. if it were president bill clinton, you might think that something. ideas might be exchanged with one another. >> steve: some folks suggest that maybe the president would offer him secretary of business. >> gretchen: really? wait a minute. what percentage of people watching right now think that president obama would offer mitt romney secretary of business. >> brian: that is. >> gretchen: that would be fantastic but i doubt it. >> brian: in reading his bio. one of the business mistake was working in the cabinet for president nixon. i am personally kind of disappointed that bee are talking about tax rates for the rich. >> steve: campaign. >> brian: what about the middle class people standing in the back drop as they need a break and the president urging for something to be done yesterday and there is no scheduled meetings with john boehner. >> gretchen: it is annoying to see just a campaign. how many people are tired of a campaign speech. why not come to the table and figure it out. i don't understand it. >> steve: at this point, both sides know what they will give
. >> rice is considered a leading candidate to replace hillary clinton as secretary of state. senator collins said she would need additional information before she could support her nomination. >>> egypt rushing a vote on a final draft of a constitution as protests continue against the president, mohammed morsy. he has faced bitter criticism. >>> the state of texas has filed papers to seize a large ranch owned by the flds, a fundamentalist radical mormon sex that believes in polygamy. its leader, warren jeffs, is serving a life sentence. >>> you never know what you might see on the streets of new york city this is a first. casper the pony and razzie the zebra roaming free on staten island. they got free from the home where they lived. they were returned home safe and sound. >> can you imagine mommy, mommy, look. >> they are getting along just fine. >> moment of kindness captured with a camera. coming up, a young police officer's deed goes viral for all the right reasons.od ays. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in mode
can tell you, it's not a hard ask, it's a partnership. and actually, as much as bill clinton and newt gingrich loatheds each other at times, they worked together to deal with -- >> on impeachment. >> to deal with republicans like myself on balancing the budget for the first time in a generation, balancing it four years for the first time since the 1920s, paying down the national debt. and you know what? newt gingrich always had to fight us on his right flank, and he and bill clinton sat in the white house and strategized. >> i have a question. >> republican votes for that first clinton budget that set them on the path. >> joe, i've got -- >> hold on. come on, richard. you must have been sleeping or somewhere in britain in '95, '96, '97, '98 and '99 when we balanced the budget for the first time in a generation. >> joe, i have a question for you. let's say boehner goes back to his caucus and says, you know what? from the president's first proposal, i was able to shave off $600 billion in tax hikes. >> right. >> so i saved that. >> by the way, we're going to end up at, like, 1.2, aren't
is extra ordinary. couldn't be prouder of the job that she's done. >> the applause led by hillary clinton. what's your estimation about if she were to be nominated, are these some really choppy waters ahead based on what we've heard from senator collins, ayotte, graham, mccain and the like? >> undoubtedly yes, but i think it's totally unfair -- let me be very clear. i'm on the intelligence committee. what ambassador rice did is precisely what she should have done. she used the approved talking points from the intelligence community that were unclassified. she did not use classified information and that's precisely what she should do. she shouldn't use classified information. she is required in her position to use unclassified information. and that's precisely what she did. information provided to her unanimously by the intelligence community. to go after susan rice is totally and completely unfair. and those who are doing it repeatedly ought to back off. that is not where fault lies. >> senator conrad, great to have you with me. here to talk over some of the issues, ed schultz. ed, great
to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a very long time. the president campaigned on it and i think that's where we're going to end up. and i think that's there going to be very broad support from the business community and from the american people for an agreement with roughly that shape. >> when you talked about limiting the deductions there have been proposals from governor romney during the presidential campaign, and from other republicans, when you talk about those limitations on deductions, do you include the charitable deduction and the home mortgage deduction? >> i think you're right to point out the essential problem in this, which is, if you try to limit deductions with a $25,000 cap, what you do is you end up hitting millions and millions -- actually 17 million americans -- a huge part of the revenue comes from that basic fact, which we're not prepared to do -- it complete
hillary clinton accepted the concept that every time we've raised capital gains tax, the receipts from that have gone down. every time we've lowered it, they've gone up. he accepted that. i want to know if his opinion is modified or is he considering laying off tax and business investment for fear that it will give us less of it. >> two very interesting questions there about what effect a change in taxes does to behavior. i think you can't deny the fact that it does change behavior. is there right. it is very complicated math. when they start saying it is math, it is really complicated math. you show me someone who can do that study -- >> it goes back to that idea, you raise a tax on something, you'll get less of it! >> no doubt about it. >> jim iuorio, thank you. >>> reminder -- do not miss steve leisman's exclusive interview with treasury secretary tim geithner. there won't be many more of these because mr. geithner has signaled he will be leaving. it is at 4:00 p.m. today eastern time. key man, the point man, on the administration side in the fiscal cliff negotiations. >>> bertha co
game shaping up over who will replace outgoing secretary of state hillary clinton. at least one possible nominee is keeping a very low profile. we'll tell you about that coming up. >>> plus flash floods, mudslides and feet of snow. we'll tell you who is bracing for some severe winter weather and it may not be who you think it is twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> announcer: 'tis the season of more-- more shopping, more dining out... and along with it, more identity theft. by the time this holiday season is over, an estimated 1.2 million identitieslen. every time you pull out your w
, and he was granted clemency by the clintons and the deputy attorney general at the time. oscar tried to escape from prison twice. one time they had bombs, they had guns, they were ready to kill the guards. fine stein, one of her arguments is that these prisoners who are in prison now, these terrorists in the u.s., have never caused trouble, have never been an issue, and that's simply not true. they bring a huge danger to the american people, and there's no reason at in this point to let them, to let them out. james madison said in 1788 when they were ratifying the constitution in virginia, he warned about the encroachment of the executive branch over the rest of the, the rest of our congress. and now we're seeing more and more of that. the congress has said that we cannot do that, there's legislation written that says we cannot do this, however, it is still -- it's out there, and the way that it seems to work here is once an idea comes out, it's not let go of. we might not hear about it for a while, but the seeds are sown, and they look to bring these people back. megyn: this would b
in clinton era. he said clinton rare was time of remarkably good economic growth and strong private investment and he thinks that the republicans just need time to digest the idea of higher rates for rich. >> you heard them for the first time i think in two decades now acknowledge that they are willing to have the revenue go up as part of a balanced plan. a good first step. they have to tell us what they are willing to do on rate and revenues. that is hard for republicans. >> secretary geithner says he cannot promise we will not go off the fiscal cliff. speaker boehner says he is going to do everything we can to avoid the cliff. but acknowledged there is a chance he canal stop it. jamie? >> eric: peter doocy comprehensive report. >> jamie: thank you. >> eric: president obama hit the road on friday to try to sell his plan to the american people. but is that his -- is that what needed to make a deal? bring in max schlapp, political director under president bush. former democratic congressman from texas, martin frost. matt and martin, welcome sunday morning. good to see you. matt, let
controversy. as part of clinton administration, they turned down from the sudanese government to arrest o lad bad. >> she is unable to admit she was wrong. she had taken a position that led to escape of a man that ultimately killed 3,000 americans. >> rice my also face trouble from the left. not because of her diplomatic record but because of her financial one. a group that she and her husband are said to be worth $20 million. they also hone oen a stock that is trying to build the controversial keystone pipeline. they insinuated the report was the work of republican opposition groups. >> none of this has anything to do with the tragedy that occurred in benghazi. this is politics. that is shame. >> owning canadian stock is not a conflict but it could be a conflict if confirmed as secretary of state. they would need to sign off the pipeline project if it goes ahead. >> gregg: thanks. >> heather: closer look the real impact of the looming fiscal cliff. what means going over the edge means. >> is the world ignoring to the united states when it comes to the crisis in the middle east. why the lates
>>> good morning. breaking news, secretary of state hillary clinton in high-level talks right now about the crisis in syria as nbc news learns the syrian military is awaiting final orders to use chemical weapons on its own people. what can the u.s. government do to avoid a catastrophe? >>> dire warning. 26 days left until the deadline and a top official says the president is willing to go off the fiscal cliff if necessary. and some republicans signal they may be ready to give in on a key sticking point. >>> and heading home, a smiling duchess of cambridge and prince william leave the hospital this morning, four days after she checked in with extreme morning sickness. we're live in london today, thursday, december 6th, 2012. >> announcer: from nbc news, this is "today" with matt lauer and savannah gurthrie live from studio 1a in rockefeller plaza. >>> and good morning, welcome to "today" on a thursday morning, i'm savannah gurthrie. >> and i'm matt lauer. nice images to see out of london over the past couple of days. we've been watching duchess of cambridge. she seemed a little sha
to the clinton year capital gains rates dividends. i think it's going to happen. to a plan to keep tax the same for 98% of americans and raise the debt celling so we can at least for a year put washington in the rear-view mirror. wow, can you believe that? there'll be some spending cuts to apiece the republicans, too, once they've bothered to identify the cuts they actually want. as much as some may believe that there's no incentive to run partisanship, the dramatic rates of income these fiscal rates give to tens of millions of americans who happen to be voters. of the 2 million jobs that could be lost, 1 million of them will most likely comes from the defense sector. at a time when china is rising. you see those planes land on that aircraft carrier this week? the middle east is boiling. i don't know. did we really want that big defense budget cut? i mean, maybe nothing more than the decline in spending is the war in afghanistan winds down. saving about half a trillion dollars over the time. maybe more. the areas where the defense job losses take place they look mighty red to me, at least on th
get something done on this. >> yeah, done. d-u-n. right. i love what the former president bill clinton, the analogy, just a kabuki dance, he said, they're like two dogs that meet over a piece of meat, they sniff each other out, moving to a deal, that's what is going on before we head over the cliff. >> no one puts it in layman's terms, no one does it as well as bill clinton. putting it in terms everyone understand. this is our visual. this is the cliff. end of the year. this is high tech. >> oh! >> ha-ha. >> but, see. that's right. negotiations never go in a straight line. yeah. >> little crooked there. got somer use today. hanging left. >> i hate that. >> bizarre turn this morning for software tycoon john mcafee he was arrested in guatemala last night for entering the country illegally and now there is word that immigration authorities are about to send him back to belize. before his arrest, mcafee spoke exclusively to abc's matt guttmann in guatemala city. >> reporter: after weeks on the lam, software security pioneer, john mcafee has resurfaced in guatemala. where we caught up with
campaign between bill clinton and george h.w. bush and no one would have predicted that two two dedecades on they would pretty close friends working on projects together. sometimes it's still acrimonious between former competitors, but it this relationship could being akin to that clinton/bush relationship. >> so let's say he doesn't have any public role in the sense of in this administration. matt, what do you think, what does he do next? >> a lot of people are speculating sort of what he might did. it's hard to tell what mitt romney himself is thinking. right now he's enjoying kicking back. you saw photos of him pumping gas, not a generous photo by any stretch, but other photos of him riding roller coasters at disneyland. next who knows. but he is having an office and the office is in boston. so there have been speculation right after the election that he may sort of relocate for all intents and purposes to the west coast and to his house out there. so it does seem like he'll keep his ties in boston at least. >> good to see you gentlemen. thank you. >>> today's tweet of the day mixes po
since the september 11th attack in benghazi. hillary clinton and the president still support her. >> susan rice has done a great job as our ambassador to the united nations. of course this decision about my successor is up to the president. >> and the president recently called her work extraordinary. >> it is beginning to look a lot like christmas here in new york city. >> 3, 2, 1. >> the iconic rockefeller center christmas tree is all lit up. it is a norway spruce from mount olive, new jersey, that made it through super storm sandy, by the way. it is illuminated with more than 30,000 lights and topped a crystal star. >> think of all of the scaffolding to decorate it. that is amazing. >> that is your 5@5:00. >> two former foes are coming together today. romney and obama are sitting down for their first post election meeting. we have more on the meeting. what's the topic today? >> today at 12:30 it will be president obama and mitt romney in a room by themselves for a lunch that was arranged about a week after the election. there won't be any staff sitting with them. we are told th
. this is the pursuit of perfection. >> hillary clinton and merrl strep best friends. they posed for the dinner for the kennedy center. strep is a fan of the secretary of state. isn't that cute. they do photos. >> gretchen: those kennedy center honors are wonderful. especially the people who introduce them and hopor them . hilary clinton. >> brian: he should cast meryl strep as hillary clinton. >> gretchen: we'll have to exchange reviews. >> brian: dulike it >> gretchen: it was tuitorial . >> brian: exactly. >> gretchen: i still enjoyed. we are having the discussion right now. i did enjoy it i think the acting was stupendous. i wish it covered more ground. >> brian: it was like a play. >> gretchen: lincoln was soft spoken and so you had to pay attention or you would doze off. kids in five states will spend more time in school. 300 hours for class time starting next year. three year pilot program aimed at making kids more successful in class and schools more competitive. it is paid for state and district funds. but the quiis more school time the answer or something else to make them smarter. >>
. >>> welcome back, everybody, stern warnings. syria from secretary of state hillary clinton. she said that any move by the assad regime to use chemical weapons against rebels would be considered crossing a red line by the united states. it would prompt action by the u.s. one official told cnn that there had been quote worrying signs of activity in syria over the last few days. i want to get to our panel this morning talk a little bit about that. barbara starr is cnn's pentagon correspondent. w. bell, a comedian who's the host of totally biased, and u.s. congresswoman ann hayworth is with us as well. barbara, what are the worrying signs? >> what our sources are telling us, soledad, last couple of days there have been new intelligence that the syrians are now moving their chemical weapons around in a very different way. not just consolidating for security purposes, but potentially moving them in a way that indicates they might be getting ready to use them. what do we mean by that? likelihood is what they're doing is using some of the chemical material closer or to the artillery shell dis --- >>
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